Stock Pick

  • Northern Star Resources posts record profit and higher dividend for FY26

    a man wearing a gold shirt smiles widely as he is engulfed in a shower of gold confetti falling from the sky. representing a new gold discovery by ASX mining share OzAurum Resources

    The Northern Star Resources Ltd (ASX: NST) share price is in focus today after the gold miner delivered a record net profit after tax (NPAT) of A$1.7 billion, up 24% year on year, and boosted its fully franked dividend to 55 cents per share.

    What did Northern Star Resources report?

    • Revenue rose 19% to A$7.6 billion (FY25: A$6.4 billion), driven by a 26% higher realised gold price.
    • Statutory NPAT of A$1.66 billion, with underlying NPAT at A$1.79 billion (up 26%).
    • Underlying EBITDA increased 22% to A$4.27 billion.
    • Cash earnings totalled A$2.91 billion, up 1% from last year.
    • Fully franked FY26 dividend of 55 cents per share, including a 30 cent final dividend.
    • On-market buy-back program commenced, with A$129 million spent to buy back over 6.3 million shares so far.

    What else do investors need to know?

    Northern Star ended FY26 with A$1.2 billion in cash and bullion, maintaining a strong balance sheet despite higher capital investments and shareholder returns. The group kicked off commissioning for the KCGM Mill Expansion, a key growth project expected to unlock greater operational consistency and support future cash flows.

    The company is investing heavily in both organic growth and exploration, including the ongoing integration of the Hemi gold project. During the year, capital investment focused on expanding processing facilities and upgrading key mining infrastructure, while a new power station was built at KCGM to support future mining volumes.

    What did Northern Star Resources management say?

    Commenting on its results, Northern Star’s managing director, Stuart Tonkin, said:

    We are at an important inflection point for Northern Star. The KCGM Mill Expansion marks a significant milestone for the Company, with the expanded processing plant expected to deliver greater operational consistency and reliability, while supporting a significant increase in free cash generation as it ramps up.

    We have a strong track record of disciplined capital allocation, supported by an investment-grade balance sheet, and have returned $3.3 billion of cumulative capital management to shareholders to date. As we enter this next phase, disciplined capital allocation remains a priority, with a clear commitment to generating superior shareholder returns.

    To enhance the quality of the portfolio, the KCGM Mill Expansion is expected to structurally reset the cost base and create a stronger platform for long-term value creation. The development of Hemi provides a further opportunity to strengthen the portfolio and underpin the Company’s growth profile.

    What’s next for Northern Star Resources?

    Looking to FY27, Northern Star has guided to group gold production of 1.5–1.65 million ounces at an all-in sustaining cost (AISC) of A$3,050–3,450/oz. The KCGM ramp-up is underway, with production expected to reach 550–650koz in its initial stages.

    Capital expenditure is forecast between A$2,550 million and A$2,935 million, with flexibility to adjust spending as operational needs evolve. The group is also allocating A$230–250 million for exploration, focusing on growing resources and extending mine life at key operations including KCGM, Pogo, and Hemi.

    Northern Star Resources share price snapshot

    The Northern Star Resources share price has outperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a gain of 24%. This has been driven largely by a rising gold price.

    View Original Announcement

    The post Northern Star Resources posts record profit and higher dividend for FY26 appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Northern Star Resources right now?

    Before you buy Northern Star Resources shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Northern Star Resources wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See the 5 Stocks

    * Returns as of 1 August 2026

    .custom-cta-button p {
    margin-bottom: 0 !important;
    }

    More reading

    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Medibank FY26 earnings: Profit and dividend rise

    Scientist looking at a laptop thinking about the share price performance.

    The Medibank Private Ltd (ASX: MPL) share price is in focus after unveiling its FY26 results, with underlying net profit after tax rising 2.9% to $636.8 million and the full-year dividend increasing 6.7% to 19.2 cents per share, fully franked.

    What did Medibank report?

    • Group revenue from external customers grew 5.9% to $9,115.2 million
    • Underlying NPAT rose 2.9% to $636.8 million
    • Full-year fully franked ordinary dividend lifted 6.7% to 19.2 cents per share
    • Group operating profit increased 6.7% to $813.5 million
    • Medibank Health segment profit up 31.3% to $100.7 million
    • Total claims paid of $6.9 billion, delivering around $299 million in customer value

    What else do investors need to know?

    Medibank added 22,100 net resident policyholders over the year, with its core Medibank brand showing improved growth momentum and ahm continuing to grow ahead of the market. Non-resident policy units fell 2.3%, mostly due to reduced student numbers amid tighter migration settings.

    The company maintained strong capital levels, with a Health Insurance required capital ratio of 13.3%—above its targeted range, partly due to APRA supervisory adjustments. Operating expenses rose 7.1% as Medibank invested in brand, technology, and customer rewards, but productivity savings of $10 million were achieved.

    What did Medibank management say?

    Medibank’s CEO, David Koczkar, commented:

    We continued to deliver value for the 6 million people who trust us with their health and wellbeing, as household budgets remain under pressure. Despite this, people continue to prioritise their health. Today’s result reflects the strength of the business, the trust our customers and patients have in us, and the progress we have made towards our 2030 ambitions.

    What’s next for Medibank?

    Looking ahead, Medibank expects FY27 resident health insurance gross margins to be broadly consistent with FY26, and continued solid growth from its non-resident and Medibank Health segments. The company will focus on disciplined market share growth, further investments in digital health, and integrating recent acquisitions.

    Management flagged robust appetite and financial capacity for further M&A to support Medibank’s long-term growth strategy and deliver value to shareholders.

    Medibank share price snapshot

    The Medibank share price has fallen short of the performance of the S&P/ASX 200 index (ASX: XJO) over the past year with a decline of around 4%.

    View Original Announcement

    The post Medibank FY26 earnings: Profit and dividend rise appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Medibank Private Ltd right now?

    Before you buy Medibank Private Ltd shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Medibank Private Ltd wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See the 5 Stocks

    * Returns as of 1 August 2026

    .custom-cta-button p {
    margin-bottom: 0 !important;
    }

    More reading

    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Cleanaway FY26: earnings rise, dividend up, takeover bid in play

    Man analysing data on his laptop.

    The Cleanaway Waste Management Ltd (ASX: CWY) share price is in focus today after the company reported a 13.5% rise in gross revenue to $4,371.3 million and a fully franked final dividend up 14.2% to 6.85 cents per share for FY26.

    What did Cleanaway Waste Management report?

    • Gross revenue lifted 13.5% to $4,371.3 million; net revenue up 13.1% to $3,736.7 million.
    • Underlying EBIT rose 14.2% to $470.2 million, with EBIT margin increasing to 12.6%.
    • Underlying net profit after tax (NPAT) up 13.6% to $223.1 million; statutory NPAT decreased 37.2% to $98.5 million due to significant items.
    • Free cash flow climbed 63.7% to $213.8 million.
    • Final fully franked dividend of 3.5 cents per share, taking the total FY26 dividend to 6.85 cents per share (up 14.2%).

    What else do investors need to know?

    Cleanaway’s FY26 result was powered by the strong performance of its Solid Waste Services segment and the integration of recent acquisitions, including Contract Resources and Citywide Waste. While the core business segments delivered growth, the company faced challenges in Health Services and Industrial Services, where lower earnings were offset by operational improvements and new recovery plans.

    During the year, Cleanaway announced a non-binding, indicative takeover proposal from EQT Infrastructure. The $3.13 per share bid, reduced by the final dividend, implies a significant premium to Cleanaway’s recent trading price, but is still subject to due diligence and a binding agreement. The board has indicated support for the proposal in the absence of a superior offer and a favourable expert opinion.

    What did Cleanaway Waste Management management say?

    Cleanaway CEO & Managing Director Mark Schubert said:

    FY26 was a demanding year for Cleanaway, but also one in which we delivered earnings growth, materially stronger free cash flow and improved returns. The strength of our core business remains clear. Solid Waste Services and Contract Resources performed strongly. Where we did not meet our expectations, the issues are concentrated in specific parts of the portfolio, we understand them and we are focused on improving performance.

    The opportunity from here is to generate more growth from the platform we already have. In FY27 our focus is on recurring customer growth, price, productivity and utilisation, so that more of our earnings growth is organic, predictable and sustainable.

    What’s next for Cleanaway Waste Management?

    Looking ahead to FY27, Cleanaway expects underlying EBIT to be between $500 million and $530 million. The company will focus on growing its Collections business, driving improvements in Environmental & Technical Solutions, and leveraging investments in technology and efficiency initiatives. Management is also targeting stronger free cash flow and margin expansion as part of “Blueprint 2030 2.0”.

    The outcome of the EQT Infrastructure proposal will be closely watched, as it could mean a significant change in ownership and deliver extra value to shareholders if completed.

    Cleanaway Waste Management share price snapshot

    Over the past 12 months, the Cleanaway Waste Management share price has underperformed the S&P/ASX 200 Index (ASX: XJO) with a decline of around 8%.

    View Original Announcement

    The post Cleanaway FY26: earnings rise, dividend up, takeover bid in play appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Cleanaway Waste Management right now?

    Before you buy Cleanaway Waste Management shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Cleanaway Waste Management wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See the 5 Stocks

    * Returns as of 1 August 2026

    .custom-cta-button p {
    margin-bottom: 0 !important;
    }

    More reading

    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Latest